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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hialeah at 18000 NW 68th Ave APT 306A, Hialeah, FL, 33015 uses $104,423 cash to close to unlock $5,224/yr annual cash flow and $435/mo monthly cash flow. Total monthly income runs $2,813/mo, and a $1,542/mo payment keeps the spread at $435/mo. Purchase price stands at $315,000, and rental yield measures 10.72% with $2,813/mo rent. Return on cash invested shows 24.91% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 131.47% and total cumulative return in cash records $137,285. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,813/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$287 monthly HOA
Neighborhood data shown for ZIP Code: 33015, Hialeah, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,467 (100%) |
| Owner Occupied HU | 11,771 (52.4%) |
| Renter Occupied HU | 10,165 (45.2%) |
| Vacant Housing Units | 531 ( 2.4%) |
| Median Home Value | $462,766 |
| Average Home Value | $519,424 |
Residential
21,873
Single Family
16,119
Multi-Family
5,754
Businesses
1,037
Date | Event | Price |
|---|---|---|
| 2024-08-20 | Listed for sale | $315,000 |
| 2018-07-09 | Sold | $155,000 |
| 2018-05-08 | Pending sale | $157,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $1529.31 | 4.66% | $129,854 | 3.00% |
| 2022-08-30 | $1461.24 | 0.78% | $126,072 | 3.00% |
| 2021-08-30 | $1449.87 | -0.46% | $122,400 | N/A |
Listed by: Anadalys De Armas • IL Mare Properties, LLC.
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11644071
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
